Zacks Research Has Pessimistic Outlook of Chubb Q4 Earnings

Chubb Limited (NYSE:CB) – Stock analysts at Zacks Research dropped their Q4 2024 EPS estimates for Chubb in a research report issued on Tuesday, November 12th. Zacks Research analyst T. De now forecasts that the financial services provider will post earnings per share of $5.13 for the quarter, down from their previous estimate of $5.73. The consensus estimate for Chubb’s current full-year earnings is $21.66 per share. Zacks Research also issued estimates for Chubb’s Q2 2025 earnings at $5.73 EPS, Q3 2025 earnings at $5.45 EPS, Q4 2025 earnings at $5.78 EPS, FY2025 earnings at $22.81 EPS and Q2 2026 earnings at $6.14 EPS.

Chubb (NYSE:CB) last released its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $5.72 EPS for the quarter, topping analysts’ consensus estimates of $4.98 by $0.74. Chubb had a net margin of 18.32% and a return on equity of 15.46%. The business had revenue of $13.83 billion for the quarter, compared to analyst estimates of $14.16 billion. During the same period last year, the firm earned $4.95 earnings per share. Chubb’s revenue for the quarter was up 5.5% compared to the same quarter last year.

A number of other brokerages also recently issued reports on CB. Keefe, Bruyette & Woods boosted their price target on shares of Chubb from $305.00 to $320.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. JMP Securities upped their price objective on shares of Chubb from $300.00 to $325.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 30th. Piper Sandler increased their price target on Chubb from $281.00 to $305.00 and gave the company an “overweight” rating in a research report on Friday, October 4th. Royal Bank of Canada upped their target price on Chubb from $285.00 to $295.00 and gave the company an “outperform” rating in a report on Thursday, July 25th. Finally, JPMorgan Chase & Co. raised their target price on Chubb from $291.00 to $294.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $287.37.

Chubb Trading Up 0.4 %

Shares of CB stock opened at $288.00 on Friday. The stock’s fifty day simple moving average is $287.84 and its 200 day simple moving average is $272.77. Chubb has a twelve month low of $216.90 and a twelve month high of $302.05. The firm has a market capitalization of $116.09 billion, a P/E ratio of 11.79, a P/E/G ratio of 6.64 and a beta of 0.67. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.21.

Institutional Trading of Chubb

A number of hedge funds have recently added to or reduced their stakes in CB. Pathway Financial Advisers LLC bought a new position in shares of Chubb during the first quarter valued at approximately $25,000. Beacon Capital Management LLC boosted its position in Chubb by 76.4% during the 2nd quarter. Beacon Capital Management LLC now owns 97 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 42 shares in the last quarter. Chilton Capital Management LLC purchased a new position in shares of Chubb in the 2nd quarter valued at $26,000. Strategic Financial Concepts LLC bought a new position in shares of Chubb in the 2nd quarter worth $28,000. Finally, Continuum Advisory LLC lifted its stake in shares of Chubb by 56.5% during the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 35 shares during the last quarter. 83.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Chubb

In other news, Director Michael G. Atieh sold 261 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $287.49, for a total transaction of $75,034.89. Following the transaction, the director now directly owns 39,172 shares of the company’s stock, valued at approximately $11,261,558.28. This trade represents a 0.66 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Evan G. Greenberg sold 30,318 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $289.60, for a total value of $8,780,092.80. Following the completion of the sale, the chief executive officer now owns 553,664 shares of the company’s stock, valued at $160,341,094.40. The trade was a 5.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 86,636 shares of company stock worth $24,874,208 over the last ninety days. Company insiders own 0.86% of the company’s stock.

About Chubb

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.